THB Asset Management’s Heidrick & Struggles HSII Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Shares Change %	Capital Flow	Portfolio Weight	Portfolio Position
2014 Q1	–	Sell	-25,220	Closed	-$507K	–	251
2013 Q4	$507K	Sell	25,220 -80,500	-76%	-$1.62M	0.03%	253
2013 Q3	$2.02M	Buy	105,720 +16,320	+18%	+$311K	0.13%	198
2013 Q2	$1.49M	Buy	+89,400	New	+$1.49M	0.1%	216